Posts tagged ‘Retail sector’

December 1, 2011

Enslaving India

Never a dull day in Indian politics this week attention is, rightly, fixed on Prime Minister Manmohan Singh’s decision to allow 100% Foreign Direct Investment (FDI) in the retail sector.  Opposition parties and apparently the majority of Indians are against 100% FDI as it goes against Indian interests, jobs and competition.

The decision has been compared to the British coming under the guise of trade and that even today’s potential loosening of restrictions would lead India to slavery once more.

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